Business Management Chapter 2 Flashcards

Questions and Answers

What is Administrative Management?

A method for studying worker productivity

Focuses on specialized tasks

Management theory that addresses the organization as a whole (correct)

An approach based on defined procedures

What does Hierarchy refer to?

System in which people, items, or issues are ranked in order of importance.

Define Division of Labor.

Specialization of individuals who perform specific tasks; also called job-specialization.

What is Management Theory?

Idea or collection of ideas used as a set of guidelines for managing an organization. Signup and view all the answers

What characterizes Scientific Management?

Uses science to study worker productivity and workflow. Signup and view all the answers

What does Behavioral Management focus on?

Improving the organization through understanding employee motivation and behavior. Signup and view all the answers

What is Bureaucratic Theory?

An approach based on precisely defined procedures and a clearly defined order of command. Signup and view all the answers

Define Classical Management.

Focuses on organizing work with the goal of increasing worker productivity. Signup and view all the answers

What was the Industrial Revolution?

Time in history when machines replaced human and animal power. Signup and view all the answers

What does Quantitative Approach in management theory involve?

Uses measurable techniques to improve decision-making in an organization. Signup and view all the answers

What is Total Quality Management (TQM)?

A management philosophy in which the success of an organization is directly related to customer satisfaction. Signup and view all the answers

What does the Contingency Approach suggest?

The appropriate style of management depends on the situation. Signup and view all the answers

What is Evidence-based Management?

An emerging management theory in which decisions are based on a combination of critical thinking and the best-available evidence. Signup and view all the answers

Study Notes

Administrative Management

Focuses on the organization as a whole.
Identifies effective ways to organize and manage a business.

Hierarchy

Ranks people, items, or issues by importance.
Allows for structured decision-making and clear command levels.

Division of Labor

Specialization of individuals performing specific tasks.
Also known as job-specialization; enhances efficiency and productivity.

Management Theory

Collection of ideas used as guidelines for managing organizations.
Provides frameworks for decision-making and leadership styles.

Scientific Management

Uses scientific methods to study worker productivity and workflow.
Aims to optimize efficiency through systematic approaches.

Behavioral Management

Focuses on improving the organization through understanding employee motivation.
Also referred to as human relations management; emphasizes the human factor in productivity.

Bureaucratic Theory

Based on clearly defined procedures and an established order of command.
Ensures consistency and compliance within the organization.

Classical Management

Aims to increase worker productivity by organizing work effectively.
Also known as classical perspective or classical approach to management.

Industrial Revolution

Period marked by the replacement of human and animal power with machines.
Transformed industries and contributed to modern management practices.

Quantitative Approach

Utilizes measurable techniques to enhance decision-making in organizations.
Promotes data-driven analysis for improvement strategies.

Total Quality Management (TQM)

Philosophical approach linking organizational success to customer satisfaction.
Encourages continuous improvement and a customer-centric mindset.

Contingency Approach

Suggests the management style should depend on the specific situation.
Emphasizes flexibility and adaptability in leadership.

Evidence-based Management

An emerging theory that combines critical thinking with the best available evidence for decision-making.
Encourages informed decision processes grounded in data and research.

Description

Explore key concepts in Chapter 2 of Business Management through these informative flashcards. Enhance your understanding of administrative management, hierarchy, and division of labor to better grasp the organizational structure of businesses.